A Q&A response to Roger, page-2

This is the amazing thing and why the stock is a no-brainer in any economic climate:

“We feel that in an economic downturn, it is likely that Afterpay’s utilization may increase due to attractiveness of paying off discretionary purchases via instalment plans; it is evident that customers use the product as a budgetary tool.”

Also:

1. Afterpay is experiencing faster top line and user growth at a far lower acquisition cost than Amazon experienced at a similar stage of growth. We note that the company have disclosed that they are achieving gross sales of $3 billion on an annualised basis; we expect this to grow materially in this half year.